aavas financiers ltd | major monthly breakout! AAVAS is showing a strong bullish breakout on the monthly timeframe (MTF) with powerful confluence signals! Let’s break it down:
🔹 Counter Trendline (CT) Breakout ✅
Price has successfully broken the descending trendline, signaling a major trend shift.
🔹 Mother Candle Breakout ✅
The price has broken out of the mother candle's range, confirming strength.
🔹 Hidden Resistance Breach ✅
The yellow line marks a key resistance zone.
🔹 Volume Burst ✅
A significant volume spike confirms the breakout’s validity.
High participation = Strong conviction!
This is a highly bullish setup—will AAVAS continue its momentum? 📈👀
AAVAS
Breakout in Aavas Financiers...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AAVAS Financiers ready for the uptrend!🤩💸🔥Buy AAVAS Financiers for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted an Amazing Q3 Result.
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‼️ The stock was already in an uptrend but was facing resistance around 3000 level from last 6 months. Now with the volume breakout, we can expect a strong uptrend from current levels.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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AAVAS took supportCHART -> AAVAS WEEKLY SETUP
As seen per chart, AAVAS is trading under a trendline channel and in the uptrend. Recently it took support at the lower trendline and we can see a big bullish candle in the last week.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Intraday Trade : watch for trendline breakoutbuy above 2900 in Intraday
buy for intraday when it breaks trendline on 5 minute chart
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
AAVAS - Looking weak currently AAVAS -- Looking weak , breaking trend line with huge volumes,
Trading below monthly CPR levels & also below 50/100 EMAs.
Possible bounce back 2240, if breaks - may test next support level 2060
If weakness continues next target 1760.
Please spend time and do own research before investing.
#AAVAS 2422.35 #Target 2674(10%+) #stocks #tradingpsychology #IT #AAVAS
NSE: AAVAS
CMP 2422.35
Target : 2674
SL 2263
RR Ratio > 1.5
Time Frame < 30 D
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is Rs. 3225
This might take around 9-12 months from now.
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia